Nlight Inc Stock Chance of Future Stock Price Finishing Under 7.91
| LASR Stock | USD 12.13 0.52 4.11% |
Closest to current price NLIGHT long CALL Option Payoff at Expiration
NLIGHT |
NLIGHT Target Price Odds to finish below 7.91
The tendency of NLIGHT Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 7.91 or more in 90 days |
| 12.13 | 90 days | 7.91 | near 1 |
Based on a normal probability distribution, the odds of NLIGHT to drop to $ 7.91 or more in 90 days from now is near 1 (This nLIGHT Inc probability density function shows the probability of NLIGHT Stock to fall within a particular range of prices over 90 days) . Probability of nLIGHT Inc price to stay between $ 7.91 and its current price of $12.13 at the end of the 90-day period is about 34.23 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.1 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, NLIGHT will likely underperform. Additionally NLIGHT Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. NLIGHT Price Density |
| Price |
Predictive Modules for NLIGHT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as nLIGHT Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NLIGHT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NLIGHT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NLIGHT is not an exception. The market had few large corrections towards the NLIGHT's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold nLIGHT Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NLIGHT within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.12 | |
β | Beta against NYSE Composite | 2.10 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | -0.05 |
NLIGHT Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NLIGHT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for nLIGHT Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| nLIGHT Inc generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 209.92 M. Net Loss for the year was (41.67 M) with profit before overhead, payroll, taxes, and interest of 50.82 M. | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: nLIGHT director Moore sells over 500k in company stock |
NLIGHT Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of NLIGHT Stock often depends not only on the future outlook of the current and potential NLIGHT's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. NLIGHT's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 46.1 M | |
| Cash And Short Term Investments | 112.9 M |
NLIGHT Technical Analysis
NLIGHT's future price can be derived by breaking down and analyzing its technical indicators over time. NLIGHT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of nLIGHT Inc. In general, you should focus on analyzing NLIGHT Stock price patterns and their correlations with different microeconomic environments and drivers.
NLIGHT Predictive Forecast Models
NLIGHT's time-series forecasting models is one of many NLIGHT's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary NLIGHT's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about nLIGHT Inc
Checking the ongoing alerts about NLIGHT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for nLIGHT Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| nLIGHT Inc generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 209.92 M. Net Loss for the year was (41.67 M) with profit before overhead, payroll, taxes, and interest of 50.82 M. | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: nLIGHT director Moore sells over 500k in company stock |
Additional Tools for NLIGHT Stock Analysis
When running NLIGHT's price analysis, check to measure NLIGHT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NLIGHT is operating at the current time. Most of NLIGHT's value examination focuses on studying past and present price action to predict the probability of NLIGHT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NLIGHT's price. Additionally, you may evaluate how the addition of NLIGHT to your portfolios can decrease your overall portfolio volatility.